1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A. 2. Face value of the securities. 3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4. Cash value of agreements.5. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other broker-dealers.6. Refer to table 4 and the notes on consolidation accompanying table 6.7. Fair value. Refer to table 3 and the notes on consolidation accompanying table 6.8. Estimated.9. Cash value of agreements, which are collateralized by U.S. Treasury securities.10. Includes the liabilities of Maiden Lane LLC and Commercial Paper Funding Facility LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these entities. Refer to tables 3 and 4 and the notes on consolidation accompanying table 6.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

1A. Memorandum Items Millions of dollars

Memorandum item

Averages of daily figures

Wednesday Nov 12, 2008

Week endedNov 12, 2008

Change from week ended

Nov 5, 2008

Nov 14, 2007

Marketable securities held in custody for foreign

official and international accounts (1)

2,507,932

+ 13,665

+ 479,197

2,504,834

U.S. Treasury

1,608,039

+ 20,277

+ 373,561

1,608,045

Federal agency

899,893

- 6,611

+ 105,635

896,789

Securities lent to dealers

218,352

- 2,296

+ 210,256

217,018

Overnight facility (2)

18,353

- 2,296

+ 10,257

17,019

Term facility (3, 4)

199,999

0

+ 199,999

199,999

Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value.2. Fully collateralized by U.S. Treasury securities.3. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities.4. On November 12, 2008, option contracts on draws on the Term Securities Lending Facility totaling $ 49,998 million were outstanding. The exercise date for the options is November 24, 2008, and the draws have a term of November 25, 2008 through December 2, 2008.

2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, November 12, 2008Millions of dollars

Remaining maturity

Within 15 days

16 days to 90 days

91 days to 1 year

Over 1 year to 5 years

Over 5 years to 10 years

Over 10 years

All

Term auction credit

113,271

302,031

---

---

---

---

415,302

Other loans (1)

182,747

63,109

6,840

63,381

---

---

316,077

U.S. Treasury securities (2)

Holdings

18,131

28,047

61,228

173,409

94,309

101,317

476,440

Weekly changes

- 6,285

+ 6,284

0

- 5

- 3

- 6

- 16

Federal agency securities

Holdings

748

8,637

3,584

0

0

0

12,969

Weekly changes

+ 14

- 280

0

0

0

0

- 266

Commercial paper held by

Commercial Paper Funding

Facility LLC (3)

0

258,480

0

---

---

---

258,480

Repurchase agreements (4)

40,000

40,000

---

---

---

---

80,000

Reverse repurchase agreements (4)

102,318

0

---

---

---

---

102,318

Note: Components may not sum to totals because of rounding.--- Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York to Maiden Lane LLC and Commercial Paper Funding Facility LLC that were eliminated when preparing that Bank's statement of condition consistent with consolidation under generally accepted accounting principles. The loan to Maiden Lane LLC is designed to be repaid from the orderly liquidation of Maiden Lane LLC's portfolio holdings and does not have a fixed amortization schedule.2. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities. 3. Face value of commercial paper held by Commercial Paper Funding Facility LLC.4. Cash value of agreements.

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of September 30, 2008.2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the notes on consolidation accompanying table 6.3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 5 and table 6.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)

256,937

Accrued interest payable to the Federal Reserve Bank of New York (2)

122

1. Book value, which includes amortized cost and related fees.2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the notes on consolidation accompanying table 6.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company that was formed to purchase three-month U.S.dollar-denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability of credit for businesses and households.

H.4.15. Consolidated Statement of Condition of All Federal Reserve BanksMillions of dollars

Assets, liabilities, and capital

Eliminationsfromconsolidation

Change since

Wednesday Nov 12, 2008

Wednesday Nov 5, 2008

Wednesday Nov 14, 2007

Assets

Gold certificate account

11,037

0

0

Special drawing rights certificate account

2,200

0

0

Coin

1,640

- 8

+ 437

Securities, repurchase agreements, term auction

credit, and other loans

1,300,788

+ 83,204

+ 471,588

Securities held outright

489,409

- 282

- 290,230

U.S. Treasury (1)

476,440

- 16

- 303,199

Bills (2)

18,423

0

- 248,596

Notes and bonds, nominal (2)

410,491

0

- 60,493

Notes and bonds, inflation-indexed (2)

41,071

0

+ 4,160

Inflation compensation (3)

6,455

- 15

+ 1,729

Federal agency (2)

12,969

- 266

+ 12,969

Repurchase agreements (4)

80,000

0

+ 30,500

Term auction credit

415,302

+ 113,939

+ 415,302

Other loans

316,077

- 30,454

+ 316,017

Net portfolio holdings of Commercial Paper

Funding Facility LLC (5)

257,287

+ 13,982

+ 257,287

Net portfolio holdings of Maiden Lane LLC (6)

26,949

+ 86

+ 26,949

Items in process of collection

(477)

1,126

- 298

- 4,759

Bank premises

2,171

+ 2

+ 60

Other assets (7)

611,258

+ 41,667

+ 569,872

Total assets

(477)

2,214,455

+ 138,633

+1,321,435

Liabilities

Federal Reserve notes, net of F.R. Bank holdings

828,448

+ 1,568

+ 44,033

Reverse repurchase agreements (8)

102,318

+ 5,655

+ 67,615

Deposits

(0)

1,234,931

+ 130,801

+1,208,543

Depository institutions

594,353

+ 90,763

+ 573,886

U.S. Treasury, general account

52,985

+ 34,333

+ 47,445

U.S. Treasury, supplementary financing account

558,892

+ 41

+ 558,892

Foreign official

434

+ 205

+ 337

Other

(0)

28,267

+ 5,459

+ 27,983

Deferred availability cash items

(477)

2,915

- 68

- 2,213

Other liabilities and accrued dividends (9,10)

3,938

- 71

- 2,002

Total liabilities

(477)

2,172,550

+ 137,885

+1,315,976

Capital accounts

Capital paid in

20,372

+ 8

+ 2,294

Surplus

18,534

+ 2

+ 3,078

Other capital accounts

2,998

+ 737

+ 85

Total capital

41,905

+ 748

+ 5,459

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.2. Face value of the securities.3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Refer to table 4 and the notes on consolidation accompanying table 6.6. Fair value. Refer to table 3 and the notes on consolidation accompanying table 6.7. Includes assets denominated in foreign currencies and any exchange-translation assets, which are revalued daily at market exchange rates. 8. Cash value of agreements, which are collateralized by U.S. Treasury securities.9. Includes any exchange-translation liabilities, which are revalued daily at market exchange rates.10. Includes the liabilities of Maiden Lane LLC and Commercial Paper Funding Facility LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these entities. Refer to the notes on consolidation accompanying table 6.

H.4.16. Statement of Condition of Each Federal Reserve Bank, November 12, 2008Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Assets

Gold certificate account

11,037

424

3,935

453

423

891

1,221

913

344

199

349

636

1,249

Special drawing rights certificate acct.

2,200

115

874

83

104

147

166

212

71

30

66

98

234

Coin

1,640

50

77

129

132

226

213

189

43

55

111

176

238

Securities, repurchase agreements, term

auction credit, and other loans

1,300,788

120,554

600,737

56,310

40,127

151,294

74,914

60,351

22,929

16,183

27,077

28,978

101,333

Securities held outright

489,409

20,528

174,129

21,368

18,558

44,379

48,695

43,195

16,912

9,240

17,970

20,301

54,134

U.S. Treasury (1)

476,440

19,984

169,515

20,802

18,066

43,203

47,405

42,050

16,464

8,995

17,494

19,763

52,700

Bills (2)

18,423

773

6,555

804

699

1,671

1,833

1,626

637

348

676

764

2,038

Notes and bonds (3)

458,018

19,211

162,960

19,998

17,368

41,532

45,572

40,424

15,827

8,647

16,817

18,999

50,662

Federal agency (2)

12,969

544

4,614

566

492

1,176

1,290

1,145

448

245

476

538

1,435

Repurchase agreements (4)

80,000

3,356

28,464

3,493

3,034

7,254

7,960

7,061

2,765

1,510

2,937

3,318

8,849

Term auction credit

415,302

20,050

172,267

30,755

18,020

99,222

17,845

8,227

3,098

5,068

1,085

4,606

35,060

Other loans

316,077

76,621

225,878

694

516

439

413

1,868

154

366

5,085

753

3,290

Net portfolio holdings of Commercial

Paper Funding Facility LLC (5)

257,287

0

257,287

0

0

0

0

0

0

0

0

0

0

Net portfolio holdings of Maiden Lane

LLC (6)

26,949

0

26,949

0

0

0

0

0

0

0

0

0

0

Items in process of collection

1,602

143

0

236

336

106

114

150

31

84

129

113

160

Bank premises

2,171

123

210

64

150

218

225

206

130

111

274

251

209

Other assets (7)

611,258

33,869

166,042

57,694

41,215

158,644

46,220

27,030

6,205

11,456

6,670

12,087

44,126

Interdistrict settlement account

0

- 82,550

+ 269,505

- 63,365

- 11,441

- 100,759

- 4,700

+ 13,858

+ 2,539

- 9,240

+ 1,808

+ 1,194

- 16,851

Total assets

2,214,932

72,730

1,325,616

51,604

71,046

210,767

118,373

102,909

32,291

18,878

36,485

43,533

130,698

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.2. Face value of the securities.3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities. 4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Refer to table 4 and the notes on consolidation below.6. Fair value. Refer to the notes on consolidation below.7. Includes assets denominated in foreign currencies and any exchange-translation assets, which are revalued daily at market exchange rates.

Notes on consolidation:On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan under the authority of section 13(3) of the Federal Reserve Act to Maiden Lane LLC, a limited liability company formed to acquire certain assets of Bear Stearns. The FRBNY is the primary beneficiary of Maiden Lane LLC. Consistent with generally accepted accounting principles, the assets and liabilities of Maiden Lane LLC have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from the FRBNY to Maiden Lane LLC is eliminated, the net assets of Maiden Lane LLC appear as an asset in this table (and table 1 and table 5), and the liabilities of Maiden Lane LLC to entities other than the FRBNY, including those with recourse only to the portfolio holdings of Maiden Lane LLC, are included in other liabilities on the next page (and in table 1 and table 5).

On October 27, 2008, the Federal Reserve Bank of New York (FRBNY) began extending loans under the authority of section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC (CPFF LLC). This LLC is a limited liability company that was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. The FRBNY is the sole beneficiary of CPFF LLC. Consistent with generally accepted accounting principles, the assets and liabilities of CPFF LLC have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from the FRBNY to CPFF LLC is eliminated, the net assets of CPFF LLC appear as an asset in this table (and table 1 and table 5), and the liabilities of CPFF LLC to entities other than the FRBNY are included in other liabilities on the next page (and table 1 and table 5).

6. Statement of Condition of Each Federal Reserve Bank, November 12, 2008 (continued)Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

KansasCity

Dallas

SanFrancisco

Liabilities

Federal Reserve notes outstanding

1,006,909

38,398

349,903

42,351

47,421

82,228

119,846

84,240

29,711

17,421

30,507

54,463

110,422

Less: Notes held by F.R. Banks

178,461

5,747

48,850

5,781

7,336

11,338

28,503

12,925

3,391

2,755

3,477

22,556

25,803

Federal Reserve notes, net

828,448

32,650

301,052

36,570

40,085

70,890

91,343

71,315

26,320

14,666

27,030

31,906

84,619

Reverse repurchase agreements (8)

102,318

4,292

36,404

4,467

3,880

9,278

10,180

9,031

3,536

1,932

3,757

4,244

11,318

Deposits

1,234,931

33,566

975,985

5,148

23,114

118,442

13,030

20,331

1,803

1,163

4,972

6,311

31,067

Depository institutions

594,353

33,553

335,564

5,143

23,110

118,325

13,027

20,329

1,795

1,162

4,971

6,310

31,064

U.S. Treasury, general account

52,985

0

52,985

0

0

0

0

0

0

0

0

0

0

U.S. Treasury, supplementary

financing account

558,892

0

558,892

0

0

0

0

0

0

0

0

0

0

Foreign official

434

2

404

4

3

11

3

2

0

1

0

1

3

Other

28,267

11

28,139

1

1

106

0

0

7

0

1

0

0

Deferred availability cash items

3,392

157

0

515

691

262

181

369

50

317

164

234

452

Other liabilities and accrued

dividends (9,10)

3,938

168

1,182

215

205

540

378

310

162

112

133

187

346

Total liabilities

2,173,027

70,833

1,314,623

46,915

67,975

199,412

115,112

101,356

31,871

18,190

36,056

42,881

127,802

Capital

Capital paid in

20,372

784

5,163

2,330

1,524

5,836

1,610

698

208

324

207

270

1,419

Surplus

18,534

1,050

4,695

1,815

1,291

4,999

1,426

816

180

355

193

364

1,351

Other capital

2,998

63

1,135

544

256

519

226

39

33

9

30

18

126

Total liabilities and capital

2,214,932

72,730

1,325,616

51,604

71,046

210,767

118,373

102,909

32,291

18,878

36,485

43,533

130,698

Note: Components may not sum to totals because of rounding.

8. Cash value of agreements, which are collateralized by U.S. Treasury securities.9. Includes any exchange-translation liabilities, which are revalued daily at market exchange rates.10. Includes the liabilities of Maiden Lane LLC and Commercial Paper Funding Facility LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these entities. Refer to the notes on consolidation on the previous page.

1. Includes face value of U.S. Treasury and agency securities held outright, compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase agreements.